South Caucasus emerges as bridge between Europe and Asia
Europe is increasingly viewing the South Caucasus not as a region of frozen conflicts, but as a space of opportunity, stability and strategic connecti...
The Syrian Civil Aviation Authority has signed a $4 billion agreement with an international consortium last week (6 August), including companies from Türkiye, Qatar and the United States, aiming to expand Damascus International Airport.
The consortium, comprising UCC Concessions Investments LLC (Qatar), Assets Investments USA LLC (USA), and Türkiye’s Cengiz İnşaat, Kalyon İnşaat, and TAV Tepe Akfen, will carry out the build-operate-transfer project in five phases, aiming to achieve an annual passenger capacity of 31 million.
The project is considered as a major milestone among Syria’s reconstruction efforts, designed to improve global connectivity and stimulate economic growth, trade, and tourism.
As one of the most substantial infrastructure investments in Syria in recent decades, it underscores the country’s efforts to reestablish its role in the region and regain its place on international air routes, said the statement following the signing ceremony.
The signing ceremony took place in Damascus in the presence of Mr. Tom Barrack, the U.S. Special Envoy to Syria, representatives of the Qatari Embassy in Syria, senior official delegations, and a number of diplomats. The agreement was signed by Mr. Omar Al-Husari, Chairman of the General Authority of Civil Aviation – representing the Government of the Syrian Arab Republic – along with Mr. Mohammad Moataz Al-Khayyat, Chairman of UCC Holding; Mr. Sani Şener, Chairman of TAV; Mr. Anthony Salter, CEO of Assets Investments USA; Mr. Murat Ergonul, Board Member of Cengiz İnşaat; and Mr. Murathan Kalyoncu, Chairman of Kalyon İnşaat.

The project will be implemented in five successive phases, beginning with an increase in passenger capacity to 6 million in the first year, followed by 16 million after the second phase, and ultimately reaching 31 million annually upon full completion.
The new airport will feature up to 32 gates with modern passenger boarding bridges, a fully integrated air navigation system, and a world-class duty-free zone offering a wide range of international restaurants, premium cafés, and top fashion brands—positioning it as one of the region’s most advanced airports.
The project also includes the development of a main access road extending up to 50 kilometres, as well as a $250 million investment to acquire up to 10 Airbus A320 aircraft for Syrian Airlines, aimed at strengthening the fleet and boosting the national carrier’s competitiveness.
Liverpool confirmed direct qualification to the UEFA Champions League round of 16 with a 6-0 win over Qarabağ at Anfield in their final league-phase match. Despite the setback, Qarabağ secured a play-off spot, with results elsewhere going in the Azerbaijani champions’ favour on the final matchday.
China is supplying key industrial equipment that has enabled Russia to speed up production of its newest nuclear-capable hypersonic missile, an investigation by The Telegraph has found, heightening concerns in Europe over Moscow’s ability to threaten the West despite international sanctions.
Storm Kristin has killed at least five people and left more than 850,000 residents of central and northern Portugal without electricity on Wednesday (28 January), as it toppled trees, damaged homes, and disrupted road and rail traffic before moving inland to Spain.
U.S. Secretary of State Marco Rubio said the Iranian government is likely weaker than at any point in recent history, warning that protests could reignite despite a violent crackdown that has killed thousands.
Russian President Vladimir Putin said he was ready to assist in rebuilding Syria’s war-damaged economy as the country's interim President Ahmad al-Sharaa made his second visit to Moscow in less than four months on Wednesday (28 January).
U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a decision that had been widely expected and largely priced in.
The S&P 500 edged to a record closing high on Tuesday, marking its fifth consecutive day of gains, as strong advances in technology stocks offset a sharp selloff in healthcare shares and a mixed batch of corporate earnings.
Chevron is in talks with Iraq’s oil ministry over potential changes to the commercial framework governing the West Qurna 2 oilfield, one of the world’s largest producing assets, after Baghdad nationalised the field earlier this month following U.S. sanctions imposed on Russia’s Lukoil.
Argentina's economic activity shrunk 0.3% in November compared with the same month last year, marking the first monthly contraction of 2025, data from Argentina's national statistics agency showed on Wednesday.
Wall Street closed sharply lower on Tuesday as global markets fell after U.S. President Donald Trump’s new tariff threats against Europe unsettled investors and revived fears of renewed volatility.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment